sometime in january there will be a resolution. and i think what republicans said, i think even the president will go along with this, whatever we decide to do let's make the tax cuts retroactive so the people don't face those giant tax cuts. >> what does it look like in january? >> you could have the additional money with held from your paycheck, because the law changes, so that everyone's tax rates, this is assuming we do go over the cliff. everyone is facing a higher tax increase. not just bill gates, not just warren buffet, but anyone with an income over $25,000. and don't forget, the payroll tax goes up, too. >> so taking out for social security taxes -- no one is talking about it. that says to me, those are going back up anyway. those are about a thousand in cost -- so let me ask you, there is the actual what will happen on january first? and it doesn't sound like people will have to worry about their taxes, most people.